The market for bottled water is set for moderate growth, with projections indicating an increase of USD 3.6 billion and a CAGR nearing 6.6% over the forecast period. Nigeria’s bottled water market is driven by concerns over tap water safety and a fast-growing urban population. Young consumers prioritize bottled water, with rising incomes enabling access to premium options as retail infrastructure continues to expand.
The report provides a comprehensive analysis of the Nigeria bottled water industry, presenting detailed market data including historical market size, growth rates, and future forecasts. It offers an in-depth examination of various market categories and subcategories, with a particular focus on key factors such as product type and distribution channel. The insights gained from this evaluation help reveal the growth potential within the bottled water sector.
Market Segmentation
The segmentation of the Nigeria bottled water market is outlined below:
Product type: sparkling water (sparkling spring water, sparkling purified water), flavored water, still water (still spring water, still purified water)
Distribution channel: forecourts, supermarkets and hypermarkets, food and drinks stores, small grocery stores, bars and HoReCa, others
The Nigeria bottled water market is segmented by product type and distribution channel. By product type, the market features sparkling water (sparkling spring water, sparkling purified water), flavored water, and still water (still spring water, still purified water). Distribution channel segmentation comprises forecourts, supermarkets and hypermarkets, food and drinks stores, small grocery stores, bars and HoReCa, and others.
Competitive Landscape
The report profiles major companies, including Viju Industries Nigeria Limited, UAC of Nigeria PLC (UAC), The Coca-Cola Company, Rite Foods Limited, PepsiCo Inc., Paramount Trading & Industries Nigeria Limited (Aquarite), Nestle S.A. and Artee Industries Limited. This report presents an extensive analysis of major entities in the bottled water market, focusing on their performance from 2020 to 2024. Findings showcase changes in market share, recognizing both long-standing leaders and new challengers.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Nigeria bottled water market.
Gain in-depth analysis and forecasts for the key segments of the Nigeria bottled water market: product type and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Nigeria bottled water market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Nigeria bottled water market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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Table of Contents
TABLE OF CONTENTS
Key Findings
Market Segmentation
Market Overview
Nigeria Bottled Water Market – Product Type Analysis
Nigeria Bottled Water Market – Distribution Channel Analysis
Key Players and Market Share
Viju Industries Nigeria Limited
UAC of Nigeria PLC (UAC)
The Coca-Cola Company
Rite Foods Limited
PepsiCo, Inc.
Paramount Trading & Industries Nigeria Limited (Aquarite)
Nestle S.A.
Artee Industries Limited
Macroeconomic Data and Forecast
Research Methodology
Disclaimer
FIGURES AND TABLES
Table Nigeria Bottled Water Market 2020-2030
Chart Nigeria Bottled Water Market, Net Growth, 2020-2030
Chart Nigeria Bottled Water Market, Growth Rates, 2020-2030
Table Nigeria Bottled Water Market by Product Type, 2020-2030
Chart Nigeria Bottled Water Market by Product Type, CAGR Historic and Forecast, 2020-2030
Chart Nigeria Bottled Water Market by Product Type, 2020-2030
Table Nigeria Bottled Water Market by Distribution Channel, 2020-2030
Chart Nigeria Bottled Water Market by Distribution Channel, CAGR Historic and Forecast, 2020-2030
Chart Nigeria Bottled Water Market by Distribution Channel, 2020-2030
Table Nigeria Bottled Water Market Share (%), by Companies, 2020-2024
Chart Nigeria Bottled Water Market, by Companies, 2024
Table Nigeria Bottled Water Market Share (%), by Brands, 2020-2024
Chart Nigeria Bottled Water Market, by Brands, 2024
Table Nigeria – Population (Millions) and Forecast
Table Nigeria – Consumer Price Index (CPI) and Forecast
Table Nigeria – Gross Domestic Product and Forecast
Table Nigeria Bottled Water Market: Spend as a Proportion of GDP (%)
Table Nigeria Bottled Water Market: Consumption per Capita (Population)
Companies Mentioned
Viju Industries Nigeria Limited
UAC of Nigeria PLC (UAC)
The Coca-Cola Company
Rite Foods Limited
PepsiCo, Inc.
Paramount Trading & Industries Nigeria Limited (Aquarite)
Nestle S.A.
Artee Industries Limited